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Thread: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by randel View Post
    good news...
    From my perspective, it is good news. I like to see a growing economy, employment, and incomes with price stability. That such developments have political ramifications in Election Years, is largely irrelevant from my perspective. Sustained macroeconomic improvement is in the national interest and it enhances the national welfare. Therefore, in my view (and others could have different opinions), economic growth trumps political convenience or inconvenience (depending on the electoral outcome one might prefer).

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by AdamT View Post
    No, that's not what I said. A lot of people retired, and a lot of people started attending college or trade school. And a lot of people also decided that it was too much work to look for work.

    :lmao: Is that the best you got? It's too much work to look for work? :lmao:

    Wow, that does more to damage your "President" than help him in this argument.

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by Ontologuy View Post
    What matters is that the tens of millions of off-shored real and permanent jobs have yet to return home where they belong.
    That's one reflection of structural unemployment. Addressing that issue will require, among other things, a better educated workforce, increased competitiveness vis-a-vis the nation's competitors, etc. Unfortunately, the investment, education, policies, business practices, etc., necessary to reduce structural unemployment are not short-term in nature.

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by donsutherland1 View Post
    From my perspective, it is good news. I like to see a growing economy, employment, and incomes with price stability. That such developments have political ramifications in Election Years, is largely irrelevant from my perspective. Sustained macroeconomic improvement is in the national interest and it enhances the national welfare. Therefore, in my view (and others could have different opinions), economic growth trumps political convenience or inconvenience (depending on the electoral outcome one might prefer).
    i would tend to agree, more people working, more people on the tax rolls, less people needing public assistance, yeah, i'd say that is a good thing.

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by AdamT View Post
    Right, and U-4, like U-3, dropped by .2% in December.
    I still stand by my longstanding argument that we wont be in full recovery mode until the unemployment rate jumps.

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by AdamT View Post
    No, that's not what I said. A lot of people retired, and a lot of people started attending college or trade school. And a lot of people also decided that it was too much work to look for work.
    Too much work to look for work, I like that!

    Sure times are hard but people need to stop looking for a hand out and at least keep trying. Success is not assured but the opportunity to succeed is, that is the promise of America. If we don't have that then what do we have?
    Yeah I blog... shamless self promotion in 3..2..1..
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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by randel View Post
    i would tend to agree, more people working, more people on the tax rolls, less people needing public assistance, yeah, i'd say that is a good thing.

    If, and only "IF" it is indeed a genuine increase in employment, and not these fake numbers manipulated to give Obama a boost.


    j-mac
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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by j-mac View Post
    If, and only "IF" it is indeed a genuine increase in employment, and not these fake numbers manipulated to give Obama a boost.


    j-mac
    the numbers are what they are, more people working is a good thing.

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by j-mac View Post
    If, and only "IF" it is indeed a genuine increase in employment, and not these fake numbers manipulated to give Obama a boost.


    j-mac
    The numbers are not manipulated...they are done the same way they've always been done.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: U.S. Payrolls Gain More-Than-Expected 200,000; Jobless Rate Falls to 8.5%

    Quote Originally Posted by iliveonramen View Post
    The numbers are not manipulated...they are done the same way they've always been done.
    Technically, no, the report methodology is always changing, and the most recent change actually revised the last 4 years of unemployment numbers up by about .2%.

    And next month is another methodology change. You can read about it in the OP link to the bls report.

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